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Abundance Forex Trading Strategy Currency Pair: Any Major Currency Pair Time Frame: 30 Minutes and above Indicators: Parabolic Trendchaser (Step: 0.06, Maximum: 0.2, Precision: 7, Time Frame: 0) 1SSRC (Snake Range: 14, Filter Period: 21, Mart Filt: 2.0, Price Const: 6) DPO (X_prd: 14, Count bars: 300) Strategy: Long Position: The rules for long entry are as follows. 1) Wait for Parabolic Trendchaser to turn to blue (blue dot below the price bar) 2) SSRC indicator has to be above the zero level 3) DPO indicator has to be above the zero level. Target: 30-40 pips (30-minute chart, EUR/USD pair). If you would like to trade on greater time frames, you can increase your profit target and consider partial profit taking.


Stop Loss: 20 pips+spread. Example:

In the picture above you can see that the Parabolic trendchaser generates a buy signal (blue dot below the price bar). SSRC crosses above the zero level and DPO moves above the zero line. That is the long (buy) signal. Short Position: The rules for long entry are as follows. 1) Wait for Parabolic Trendchaser to turn to red (red dot above the price bar) 2) SSRC indicator has to be below the zero level


3) DPO indicator has to be below the zero level. Target: 30-40 pips (30-minute chart, EUR/USD pair). If you would like to trade on greater time frames, you can increase your profit target and consider partial profit taking. Stop Loss: 20 pips + spread. Example:

In the picture above you can see that the Parabolic trendchaser generates a sell signal (red dot above the price bar). SSRC crosses below the zero level and DPO moves below the zero line. That is the short (sell) signal.


For downloading the indicators and templates please visit http://forex-strategies-online.com/abundance-forex-trading-strategy2/ For more forex trading strategies, please visit http://forex-strategies-online.com

Abundance forex trading strategy  

Abundance Forex Trading Strategy uses Parabolic Trendchaser, SSRC and DPO indicators. This is for any major currency pair and this is for 30...

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